“socio-economic impact” means any direct or indirect adverse effect that results from a transaction on the social or cultural conditions, the livelihood or indigenous knowledge systems or technologies of a local community, including on the economy of the country. Article 4.79. Socio-economic considerations.
What is the meaning of economic reasons?
pertaining to the production, distribution, and use of income, wealth, and commodities. pertaining to an economy, or system of organization or operation, especially of the process of production. involving or pertaining to one’s personal resources of money: to give up a large house for economic reasons.
What is the difference between implication and impact?
Research implications basically refer to impact that your research might have on future research or policy decision or the relevant field of interest of your study. ‘How will your research affect the targeted community or subject field’ is the question that implications will answer.
What is legal implication ( including its types )?
What is Legal Implication (including its types)? Legal implications are the results or consequences of being involved in something according to the law. A good example is the case of marriage. As a consequence of being married, all property is considered co-owned as long as you acquired after you got married.
Which is the best example of an implication?
An implication refers to the action of implicating someone, or the state of one being implicated. An implication refers to something that is implied, which means something that suggests or indicates something through indirect means. For example, ‘His behaviour implied that he was upset with me”.
What’s the difference between an implication and a conclusion?
Research implications suggest how the findings may be important for policy, practice, theory, and subsequent research. Research implications are basically the conclusions that you draw from your results and explain how the findings may be important for policy, practice, or theory. However, the implications need to be substantiated by evidence …
